Mortgage Processor

APGFCU•Bel Air, MD

4d•$53,800 - $86,000•Onsite

About The Position

Under the direction of the Assistant Vice President of Mortgages, the Mortgage Processor I will process mortgage loan files and assist members in submitting a completed application in accordance with established APGFCU policies and procedures, as well as investor guidelines. The Mortgage Processor I will complete a general evaluation of the mortgage loan application and initial disclosures, along with completing a thorough evaluation of credit, income and asset documentation. The Mortgage Processor I will work closely with the member(s), loan officer and underwriter to ensure approval conditions are satisfied and work to obtain all necessary documentation required for approval.

Requirements

High School Diploma
One to three years of mortgage processing experience preferred.
Knowledge of FNMA guidelines (FHA, VA and USDA experience a plus).
Ability to verify income for wage earners and self-employed borrowers.
Proven success in managing a large pipeline.
Strong oral and written communication and interpersonal skills.
Strong attention to detail and accuracy.
Ability to prioritize and meet deadlines.
Effective time-manager and multi-tasker.
History of meeting/exceeding service levels and/or production goals directly correlated to corporate and department objectives.
Strong interpersonal skills building and maintaining professional relationships with co-workers and vendors.
Excellent verbal and written communication skills.
Strong organization and time management skills to effectively prioritize objectives.
Works to achieve goals in spite of barriers or difficulties; pursues objectives with energy and persistence.

Nice To Haves

FHA, VA and USDA experience a plus.

Responsibilities

Review loan applications, disclosures and other loan documentation for completeness and accuracy.
Order appraisal, title, flood orders and Private Mortgage Insurance as needed.
Contact borrowers weekly by phone and email to request and follow-up on required information and documentation and to share loan status.
Manage loan pipeline daily to ensure loan commitments and rate lock commitments are met.
Analyze income, asset and collateral documentation (including pre-underwriting for self-employed income).
Process mortgage loans according to established APGFCU policies and procedures and investor guidelines.
Responsible for completion of applicable training and compliance on federal regulations and APGFCU policies and procedures as related to the duties of this position (Bank Secrecy Act, Information Security as examples, if applicable).